exchange rates and sales in foreign currency 2) A higher cost of main raw materials Table 2: Raw material prices and purchased volume Overall effect from copper usage was about 0.88 % and 2.7% on product

million decrease in accounting and audit fees, and (4) no unrealized loss on foreign exchange relating to equipment deposit. Finance cost In Quarter 1 of 2020, finance cost amounted to THB 1.04 million, a

exchange, and the increase in other income is mainly attributable to the increase in unrealized gain from foreign exchange, which is not related to the Company’s core business. Cost of sales and services

loss on foreign exchange relating to equipment deposit. Finance cost In Quarter 1 of 2019, finance costs amounted to THB 1.27 million, a THB 0.01 million or 0.93% decrease from the same period of the

2018, the Company had gain on exchange rate of THB 18.58 million. Cost of Sales and Gross Profit The Company’s cost of sales is mainly consisted of raw material cost which is equal to approximately 85

in sale revenue from DAIWA's clients. Other Income 5.9 4.1 (30.3%) The main reason was causes from the decreasing income earning from the foreign exchange Total Revenue 219.1 200.5 (8.5%) Cost of sales

of scrap and gain on foreign exchange rate. (2.2) Cost of Sales and Services Description Year 2019 Year 2018 Increase / (Decrease) Million Baht % of Sales Million Baht % of Sales Million Baht % Cost of

%. The main reason was Baht appreciation more than the corresponding period of previous year. That led to the decrease in cost of inventories. Exchange rate during Q1/2020 was between 30.28 – 33.09 Baht

foreign exchange rate. (2.2) Cost of Sales and Services Description Year 2019 Year 2018 Increase / (Decrease) Million Baht % of Sales Million Baht % of Sales Million Baht % 2nd Quarter (April – June) Cost

revenue from sales of scrap and gain on foreign exchange rate. (2.2) Cost of Sales and Services Description Year 2019 Year 2018 Increase / (Decrease) Million Baht % of Sales Million Baht % of Sales Million